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TDS ON SPONSORSHIP

This query is : Resolved 
 

(Querist)
11 May 2009

We are paying to Organising Body for conference sponsorship for 3 session. Now tell how tds will be applicable.

Regards

Vinay


chetan soni (Expert)
11 May 2009

Yes, it is a contract for organising conference. It is covered u/s 194C.

VINAYAK (Querist)
11 May 2009

it is 2% or 1%

CA Nitin Wadhwani (Expert)
11 May 2009

1% + applicable Surcharge and Cess.



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